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SOLUSDT - It has completed 4th wave and the sharp up move looks like 5th wave up in progress as expected in earlier update. The 11.4213 level is used as stop level for the pump target for new high above 19 level. Give thumbs up if you really like the trade idea/analysis.
Not sure if i posted something on this before but yeah, this is how it's goin for SOL
Some great moves for SOLANA. 2 days support zone arround 13$ 3 days support zone arround 9$ for the previous one. Nice support zone on the RSI and a MACD Signal on the 4H Chart. I bought more now for long term, my first sell price for the solana will be 100$ For a nice Swing the entry price can be BTW 13 -14$ When we got a Breakout and more Volume. TP1:...
If it breaks the downtrend, it may go up to its resistances one by one.
The Bounce is getting weaker everytime Solusdt tests that 13.3 support. I am expecting it to break soon and my targets are 11.5 Stop loss : 14.5
SOLUSDT - It is correcting down in 4th wave, where B is in progress after impulse drop of wave A. The 3rd wave ended up in diagonal as 5th subwave with overall high volume. The correction will probably ends near 9.7-8.0 zone, where it again expected to resume the up trend. Give thumbs up if you really like the trade idea/analysis.
According to the chart, we can see an inverted cup and handle. That is a bearish pattern, although, the feeling around SOL has been very bullish. Let's wait for some pric action to break this indecision on SOL. Both ways it go, we can get a very good trade. If it drops, it's a good entry point. If it reverses, a good entry poin it is! Another under my radar!
SOLUSDT - It seems like ended the 3rd wave up, where 5th of 5th wave is forming ending diagonal with relatively high volume. Expecting reversal soon but need some price confirmation as break down of wedge in smaller time frame. Give thumbs up if you really like the trade idea/analysis.
Watch carefully for key level hits and possible target
As can be seen in the chart, SOLUSDT shows a bearish divergence on RSI indicator. In addition, the chart shows an ascending wedge which is also a bearish sign.
Simmilar chart to dot. If sol manage to break out of the channel we can expect another leg up.
$SOL have seen 16x since december... lots of greed :) enjoy
Extremely bullish setup even though BTC tanks.